3 Attributes of Successful Fractional C-Suite Execs – Sara Daw for SHRM Executive Network

Talk to almost any CEO and they will say that having an aligned leadership team built on firm foundations of robust relationships and the right set of functional skills is critical for sustained success—both culturally and commercially. The C-suite has grown expansively over the last few decades, as evidenced by the 160% average increase in the size of senior executive teams between 1990 and 2023, and research shows that C-suite leaders with growth mindsets are more likely to get results. But many businesses don’t have the leaders they need.

In fact, there’s something of a leadership crisis: A 2023 study by DDI, a global leadership consulting firm, found that in 2022, only 40% of leaders said their company had high-quality leadership, a 17% decline from 2020 and the largest drop in a decade. This growing global leadership shortage, combined with the need for agile talent strategies that enable organizations to pivot quickly and meet ever-changing demands, is keeping HR executives awake at night.

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